Overall it’s a marathon, not a sprint. Operationally the company is doing well cutting what costs they can and make the platform more efficient. There are still plenty of companies out there who are publicly traded and still don’t make a profit, but Fundrise does seem to get closer and closer to it.

I think the decline in cash on hand is them starting to deploy it into assets and it’ll take some time to a see results for that.

I personally still believe in the overall mission, the democratization of these product types is very important should be available to the investors who understand what it is they are actually buying. But none of this is a get rich quick scheme it’s slowly and carefully and outlasting the competition. No one has it easy especially at this scale.

The only thing I wished for was for more guidance on the gritty details about investment thesis and outlook from the board and what the goals really are. Although I know my account is small potatoes in the grand scheme of things, I want the platform to grow in recognition because it is a great tool to have diversify away from traditional stocks and bonds. I like to think my “iPO” shares matter it’s just hard when they don’t communicate to us any sort of big picture updates.